- Analytics
- News and Tools
- Market News
- No reset in sight for U.S.-China relations - economist
No reset in sight for U.S.-China relations - economist
CNBC reports that Natixis’ chief economist for Asia-Pacific said that hope is fading for a significant change in U.S.-China relations under President-elect Joe Biden.
Relations between the U.S. and China have spiraled downward under President Donald Trump’s administration in the last four years.
Ahead of the election, Natixis economists had hoped the two countries could return to better terms under new leadership in the White House.
“Frankly speaking, the first words we’ve heard from Biden aren’t very appealing,” Garcia-Herrero said.
As the Biden administration seeks to rebuild relationships with American allies, analysts expect the new leader to keep a firm line on China.
Garcia-Herrero pointed to increasingly tough talk on China from Europe, Australia, U.S. Congress and Nato, the North Atlantic Treaty Organization. The tone from Beijing is also very defensive, she added.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
